So… what happens when a typo, or an erroneous sentence in an ERISA plan, creates a billion dollar liability for the plan?
Think about getting out of the bind arguing “scrivener’s error” or equitable reformation under Section 502(a)(3). Conkright v. Frommert, 130 S.Ct. 1640, 1644 (2010)(“People make mistakes. Even administrators of ERISA plans.”).
Attached